US | US | US | US | |||
GAAP | GAAP | GAAP | GAAP | |||
Total | Total | Total | Total | |||
Pretax | Pretax | Pretax | Pretax | |||
Income | Income | Income | Income | |||
(Loss) | (Loss) | (Loss) | (Loss) | |||
Second | Second | First | First | |||
Companies Located in the San Francisco Bay Area | Quarter | Quarter | Quarter | Quarter | ||
Summary Total Pretax Income (Losses) By County | Number of | 2020 | 2019 | 2020 | 2019 | |
Stock Market Caps Above $100 Mil | Companies | mils $ | mils $ | mils $ | mils $ | |
Santa Clara County | 119 | 42,428 | 39,123 | 37,657 | 38,415 | |
San Mateo County | 93 | 6,528 | 11,348 | 10,465 | 8,781 | |
San Francisco City and County | 56 | (7,179) | 1,959 | (181) | 10,298 | |
East Bay (Alameda and Contra Costa Counties) | 53 | (7,902) | 8,438 | 5,728 | 6,694 | |
North Bay (Marin, Sonoma, Solano and Napa Counties) | 12 | 650 | 315 | (725) | 230 | |
Total all 333 Cos in the 9 Counties of the San Francisco Bay Area | 333 | 34,525 | 61,183 | 52,944 | 64,418 | |
… % Change From Prior Year Quarter | -44% | -18% |
Monday, September 21, 2020
The 333 Largest San Francisco Bay Area Headquartered Companies Total Pretax Earnings Declined By 44% in the Second Quarter of 2020, Even Much Worse Than Their 18% Decline in the First Quarter of 2020. This is San Francisco Bay Area Companies Largest Quarterly Earnings Percentage Decline Since the 2000 Tech Bubble. The Trump Administration's Reputedly Strong US Economy Certainly Hasn't Hit the San Francisco Bay Area.
The table below summarizes by County the Gold-Standard US GAAP Total Pretax Income (Losses) From Continuing Operations for the second and first quarters of both 2020 and 2019 of the 333 superb Companies with stock market caps above $100 mil which are located in the key San Francisco Bay Area, which is the economic envy of the world.